Latest news
Germany acquires 235,000 carbon credits to offset business travel
The German government intends to compensate for the climate footprint of its official travel by starting a bidding process to acquire more than 235,000 carbon credits.
read more... 10/08/2017
Daily (03.08.2017): European carbon contracts grew by 2.4% to 2-weeks high on Wednesday.
Oil prices were bullish on Wednesday. Crude inventories in the US fell about half the decline EIA analysts had expected and strong refinery runs continued to boost demand for crude, supporting the prices. Brent crude jumped by 1.12% to close at $52.36 a barrel, while WTI price rose by almost 0.9% to close at $49.59 a barrel.
read more... 03/08/2017
Carbon waste turns green, used to fertilize crops
Energy and recycling company Viridor came up with a project that takes carbon dioxide from homes and big carbon-emitting industries, and turns it into fertilizer for plants.
read more... 25/07/2017
Daily (25.07.2017): European carbon prices rose on Monday to €5.20 level
Oil prices rose on Monday, cancelling Friday’s losses after leading OPEC producer Saudi Arabia pledged to cut its exports. Saudi Energy Minister Khalid al-Falih declared his country would considerably limit crude oil exports in August. Brent crude increased by 1.12% to $48.60 a barrel, while WTI price climbed by 1.25% to close at $46.34 a barrel.
read more... 25/07/2017
Coal mining companies risk $16 billion due to climate change
A new study from the Carbon Disclosure Project (CDP) concluded that major coal mining companies find themselves at risk of losing $16 billion (£12.3bn) due to climate change.
read more... 24/07/2017